Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
British Pound/Turkish Lira (FOREX:GBPTRY)
Strong Uptrend (+100) - GBPTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GBPTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPTRY
The long-term trend has been UP since Oct 8th, 2021 at 12.178610
The intermediate-term trend has been UP since Sep 16th, 2021 at 11.765119
The short-term trend has been UP since Nov 3rd, 2021 at 13.156197
Smart Scan Analysis for GBPTRY
Based on our trend formula, GBPTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).